11 January 2021

Vestigo Ventures reportedly raises $83.5mn  

Written By FinTech Alliance

Vestigo Ventures reportedly raises $83.5mn  

Vestigo Ventures, a Cambridge-based FinTech investment firm, has reportedly secured $83.5mn.  

In Brief:  

  • This will go toward the business’ second fund which it aims to be worth $100mn.  

  • Up to now the firm has focused on FinTech and financial services businesses.  

  • Vestigo launched in 2016 and its first fund was worth $58.9mn.  

What does this mean?  

The fund has attracted 66 different investors so far and is well on its way to reaching the $100mn target. So far, it’s invested in 20 firms, many of which were startups and early-stage FinTechs. The team have reportedly expressed an interest in the potential of Distributed Ledger Technology for more significant investment over the coming years.  

Read more here.  

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